Just One Company Accounts For More Than Half Of EPS Estimate Growth Since The Start Of The War

Two weeks ago we pointed out something striking: in our Q1 earnings preview, we showed that while EPS is projected to grow at a brisk 12% (or more) in the first quarter, the largest AI-related stocks in the index should drive more than 60% of S&P 500 EPS growth, with just NVDA and MU alone accounting for more than 50% of S&P 500 EPS growth this quarter.